Easton and Raynham Park LLC reach agreement

Tuesday

Jan 7, 2014 at 12:01 AMJan 7, 2014 at 7:15 AM

Selectmen have approved a surrounding community agreement with Raynham Park LLC, providing for an annual mitigation payment to the town of $362,500 to offset the impacts of a slots parlor at the former Raynham dog track.

Susan Parkou Weinstein

Selectmen have approved a surrounding community agreement with Raynham Park LLC, providing for an annual mitigation payment to the town of $362,500 to offset the impacts of a slots parlor at the former Raynham dog track.

The agreement was achieved Monday night and only hours before the parties were set to enter into arbitration to try to close the gap between the town’s request for $1 million a year and the $325,000 counteroffer from the proponent.

The pact also calls for the slot proponent to fund improvements to the intersection of Route 106 and 138 and at Turnpike and Washington streets, the purchase of a police cruiser and hiring and business preference for local residents and businesses.